The Fitzgerald Company reported the following information for 2014:
Budgeted fixed overhead for the year - $300,000
Budgeted direct labor hours for the year - 30,000 direct labor hours
Actual fixed overhead for August - $24,000
Actual variable overhead for August - $10,000
Direct labor hours worked in August - 2,600 direct labor hours
Standard variable overhead cost per direct labor hour - $4.00
Standard direct labor hours allowed for August production - 2,750 direct labor hours
Question: The fixed overhead volume variance for the month of August would be: